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Description

Description

The Risks and Rewards for the Westin the Coming Multipolar World A marked shift has occurred in the tone and assumptions surrounding our national fortune. Nowhere is this better seen than in the second generation of books dealing with America's financial crisis, particularly Joseph P. Quinlan's The Last Ecomic Superpower. New York Journal of Books The global ecomy, designed by Westernpowers with the United States as lead architect,is in the process of reconfiguration. The2008 global financial crisis has terminatedAmerica's reign as sole ecomic superpowerand opened up important new spheres of influenceto developing nations. Does this signal the retreat of globalizationas we kw it? Has an ecomic coldwar already begun? Will the West ever exertthe kind of control and influence it enjoyedjust a few short years ago? In The Last Ecomic Superpower, JosephP. Quinlan, a Wall Street veteran and experton global ecomic affairs, addresses thesequestions and many others. Presenting hisvision with refreshing clarity and objectivity,Quinlan examines: How America went from being a majorcreditor to the world's largest debtor nationin only two decades Five critical issues America must face irder to prevent permanent fragmentation ofthe global ecomy What the fading appeal of Europe andJapan means for the future of globalization What China, India, and others havethat the West doesn't--and why thisgives them unprecedented leverage Decisions made w will shape the courseof history. The Last Ecomic Superpoweroutlines critical choices that must be made irder to recast, reinvent, and reenergize a newstyle of globalization. The Last Ecomic Superpower lays barethe issues and challenges that will decidewhether the world builds a new, functionalsystem that serves all or fragments into separatespheres of influence, which benefits one.

Author Biography

Joseph P. Quinlan is Managing Director and the Chief Market Strategist of Bank of America, Global Wealth and Investment Management, in New York. He also serves as Senior Fellow at the Center for Transatlantic Relations, the Paul H. Nitze School of Advanced International Studies (SAIS) of Johns Hopkins University. Quinlan lectures on global finance at New York University, where he has been on the faculty since 1992; he also teaches at Fordham University.